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LGMKLogicMark, Inc.
$0.60$544354
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LogicMark, Inc. (LGMK) Financial Ratios

Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -49.3%. (2012–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

LGMK Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$544354$416462$952455$36M$107M$483M$1.3B$323M$418M$1.1B$424M
Enterprise Value$-2691413$-2819305$-2802619$30M$100M$471M$1.3B$333M$432M$1.1B$436M
P/E Ratio →-0.05——————————
P/S Ratio0.050.040.103.618.9648.15113.9218.8524.3948.0854.85
P/B Ratio0.020.020.082.404.6816.99118.8737.9125.2453.54150.54
P/FCF———————145.77———
P/OCF———————144.22———

P/E links to full P/E history page with 30-year chart

LGMK EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—-0.25-0.282.988.3846.95114.4719.4525.2448.3856.36
EV / EBITDA——————5421.8697.65289.33——
EV / EBIT———————1044.92735.40——
EV / FCF———————150.41———

LGMK Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin48.9%48.9%66.8%67.1%60.7%57.7%71.7%74.5%71.9%49.9%42.7%
Operating Margin-69.1%-69.1%-77.5%-154.4%-58.0%-75.3%-5.1%15.0%3.4%-15.6%-86.7%
Net Profit Margin-65.4%-65.4%-90.9%-146.5%-58.1%-116.8%-25.0%-68.8%-41.4%-35.4%-164.8%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-49.3%-49.3%-66.4%-77.2%-27.1%-59.5%-29.4%-94.1%-37.8%-69.6%-689.3%
ROA-43.3%-43.3%-57.6%-68.2%-24.8%-41.0%-11.0%-37.4%-16.4%-19.8%-62.9%
ROIC-50.9%-50.9%-67.4%-93.8%-32.1%-33.7%-2.4%7.8%1.5%-12.8%-59.8%
ROCE-51.7%-51.7%-56.5%-80.3%-26.6%-30.6%-2.9%9.9%1.7%-12.2%-58.5%

LGMK Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.020.020.000.010.000.000.971.390.900.605.33
Debt / EBITDA——————44.073.489.99——
Net Debt / Equity—-0.18-0.31-0.42-0.30-0.420.571.210.880.344.16
Net Debt / EBITDA——————25.913.019.70——
Debt / FCF———————4.64———
Interest Coverage—————-2.13-0.260.110.20-0.09-2.83

Net cash position: cash ($4M) exceeds total debt ($331720)

LGMK Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio6.006.002.633.923.9510.760.910.590.661.120.84
Quick Ratio5.285.282.113.203.229.840.790.360.490.840.44
Cash Ratio4.924.921.883.122.898.980.680.280.080.530.25
Asset Turnover—0.560.700.580.460.330.420.680.450.480.22
Inventory Turnover4.174.173.132.212.673.424.233.355.523.820.83
Days Sales Outstanding—0.190.160.5012.333.604.270.825.275.9857.50

LGMK Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield83.3%72.0%31.5%0.8%0.3%0.1%0.0%0.0%0.0%0.0%0.0%
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————0.7%———
Buyback Yield0.0%0.0%0.4%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield83.3%72.0%31.9%0.8%0.3%0.1%0.0%0.0%0.0%0.0%0.1%
Shares Outstanding—$594946$634970$1M$478704$315395$162947$143587$122808$64061$30861

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Persistent Operating Cash Burn

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Speculative Pricing Amid Negative Earnings

Based on reported figures, LogicMark's P/S ratio of 0.06 suggests the market is heavily discounting the firm's revenue-generating capacity, likely reflecting deep skepticism regarding the company's ability to achieve profitability given the absence of a positive P/E multiple or meaningful earnings growth trajectory.

The current valuation appears to be driven by a market perception of the company as a distressed asset rather than a growth-oriented technology firm. Investors should monitor whether the low P/S multiple represents a deep value opportunity or a structural recognition that the current business model lacks the scalability required to justify higher multiples.

Persistent Decay in Capital Efficiency

As reported in financial statements, LogicMark's ROIC has remained consistently negative, bottoming out at -56.5% in 2023Q4, which indicates that the company is currently destroying shareholder value rather than compounding it through its ongoing investments in IoT platform development and hardware distribution.

The inability to generate a positive return on invested capital suggests that the firm's strategic pivot has yet to yield the operational efficiencies necessary to offset its high fixed-cost base. This trend warrants further investigation into whether the current capital allocation strategy is sustainable without continued external funding.

Working Capital Volatility Hinders Operations

According to recent SEC filings, LogicMark's cash conversion cycle has fluctuated significantly, reaching 108 days in 2026Q1, which highlights the company's struggle to manage inventory turnover effectively while transitioning its product lineup toward newer 4G/5G enabled devices.

The high DIO relative to peers suggests that the company may be carrying obsolete inventory that could require future write-downs. Investors should monitor the CCC trend closely, as any further lengthening of this cycle would likely exacerbate the firm's existing liquidity constraints.

Liquidity Buffer Facing Rapid Depletion

Based on the company's reported figures, the current ratio has shown extreme volatility, ranging from 2.63 to 7.56 over the last ten quarters, indicating that the firm's liquidity position is highly sensitive to the timing of institutional orders and the subsequent depletion of cash reserves.

While the current ratio appears superficially healthy, the rapid burn rate suggests that the company's liquidity is not as robust as the headline numbers might imply. The reliance on cash to fund ongoing operating losses makes the firm particularly vulnerable to any disruption in its VA-driven revenue stream.

Misapplication of Revenue Growth Metrics

Analysts frequently misapply top-line revenue growth as a proxy for business health, yet as reported in financial statements, this metric obscures the high cost of acquisition and the negative operating margins that currently define LogicMark's financial reality.

Focusing on revenue growth in isolation ignores the underlying unit economics, which appear strained by high SG&A expenses. A more appropriate metric for this business model would be the 'subscription attach rate' or 'customer acquisition cost' relative to lifetime value, which would better reflect the success of the transition to a SaaS-based model.

Download Financial Ratios Data

Includes 30+ ratios · 14 years · Updated daily

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LGMK — Frequently Asked Questions

Quick answers to the most common questions about buying LGMK stock.

What is LogicMark, Inc.'s P/E ratio?

LogicMark, Inc.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.

What is LogicMark, Inc.'s ROE?

LogicMark, Inc.'s return on equity (ROE) is -49.3%. The historical average is -56.7%.

Is LGMK stock overvalued?

Based on historical data, LogicMark, Inc. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is LogicMark, Inc.'s dividend yield?

LogicMark, Inc.'s current dividend yield is 83.35%.

What are LogicMark, Inc.'s profit margins?

LogicMark, Inc. has 48.9% gross margin and -69.1% operating margin.